Panorama City - City of Los Angeles

Demographics Land Area (Sq. Mi.): 3.8 Population: 77,908 African American: 3.4% Asian American: 13.2% Hispanic: 74.7% White: 8.3% Other: 0.3% Median Housing Value: $520,000 (average of east north valley as per Southland Regional Association of Realtors) Number of Households: 17,517 Related Websites City of Los Angeles Mid Valley Chamber of Commerce

Panorama City was developed as a planned community by industrialist Henry J. Kaiser. Contrary to popular perceptions of the development of the central and western San Fernando Valley as solely being a bedroom community for jobs in downtown Los Angeles and Burbank, Panorama City originally included General Motors' largest assembly plant to date, as well as a Schlitz brewery that eventually came under the ownership of Anheuser-Busch.

Today, the General Motors Corporation assembly plant has been replaced with a large commercial center named The Plant, that includes stores and restaurants such as Mann Theatres, Ross, Babies "R" Us, The Home Depot, Hometown Buffet, In-N-Out Burger, Starbucks Coffee and others.

As originally planned, the community is a mixture of small single-family homes and low-rise apartment buildings. Kaiser and his development partner Fritz Burns barred non European Americans from purchasing newly built homes.[2] Integration followed the Community Reinvestment Act of 1977. The CRA insured credit was provided to the entire community without regards to race or income, causing white flight as with many other areas of the San Fernando Valley.